Key Things to Think About When Selecting Your Business Name

As a business consultant I meet with many individuals who are thinking about starting their own business and one of the topics that we ultimately talk about is the proposed business name.  There are a variety of things that should be taken into consideration when selecting a business name.  Does it give the potential customer a clear idea of what type of products and or services they will be selling?  If it is important to have a webpage, does the name translate or abbreviate well on the Internet? What image does the name imply and does it appropriately convey the image that the business owner wants to portray?  Is the name too similar to your competition?

I recently read a blog by Jodi Helmer for Entrepreneur.com and an article on the SBA’s website that talked about some key things to think about when selecting your business name.

They included:

1) Does the name have a professional sound;

2) Will the printed name and/or logo also look professional and help to build the business brand;

3) Does it reflect the business culture/image;

4) Is it unique.  Is an appropriate domain name available? and

5) Do you know exactly what you need to do to “register” that name.

To read the full blog and article, click on these links https://www.entrepreneur.com/article/230201?newsletter=true and  https://www.sba.gov/content/how-name-business.  Free, confidential business consulting is available through the Inland Empire Small Business Development Center, if you live in the High Desert; contact Louisa Miller at 760-951-1592.

Looking to start or grow your business?

We at the Orange County Inland Empire SBDC, are here to help you with every aspect of your business to help it grow and become successful.
Give us a call at 1-800-616-7232 or schedule a quick, 15-minute intake appointment at ociesbdc.org/consultation to see how we can help you start, grow, and succeed.

Key Things to Think About When Selecting Your Business Name

Mike Daniel is the network director of the Orange County Inland Empire SBDC Network, which assists aspiring entrepreneurs and current business owners throughout Orange, San Bernardino and Riverside counties. Mike was formerly the director of the SBDC office at Long Beach City College. As business owner and entrepreneur himself, he started his career as the owner of a Rocky Mountain Chocolate Factory location in Manhattan Beach and went on to open a second location in Long Beach in 2001. In 2007, Mike sold the Manhattan Beach store for an above-market offer then invested in several additional locations as a minority shareholder. Mike further expanded his candy empire with venture located in Shoreline Village in Long Beach called Sugar Daddies Sweet Shoppe, based on fill-it yourself candy options.

Mike has a bachelor’s degree in Business Administration from California State University, Fullerton.